The French economy will shrink 11% this year in a 'brutal' recession after the country imposed one of Europe's harshest pandemic lockdowns

Business Insider

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· *The French government has cut its annual GDP forecast to -11% from -8% this year, in anticipation of a deeper recession than expected triggered by the coronavirus pandemic.*
· *"The economic shock is brutal," Finance Minister Bruno Le Maire said in a tweet translated from French. "I am convinced that we will rebound in 2021...

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